Winterthur's individual pensions sales rose 36% to £1.52bn in the nine months to September, according to the company's interim results.
Single premium personal pensions rose 58% to £828m while income withdrawal business rose 86% to £425m and annual premium personal pensions rose 27% to £10.5m. New investment bond new business grew 9% to £85m and the company increased assets under management to £11.26bn, up from £9.96bn in the same period last year. The business also says it plans to expand its product portfolio for high net-worth customers at retirement. To comment on this story contact: Jennifer Bollen 020 7034 2679 [email protected] IFAonline
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes